A personal line of credit allows you to:
- Withdraw only what you need, when you need it.
- Pay off the entire balance at any time.
- Set your minimum monthly payments to “interest only” on the outstanding balance.
- Conveniently access funds through your CWB chequing account — use your debit card, cheques or online banking, or visit your branch.
- Complete one application to access funds on an ongoing basis.
A personal line of credit can be either secured or unsecured1.